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An enigmatic Malaysian businessman with links to the rich and famous disappears, apparently fleeing the country and leaving in his wake hundreds of millions of missing ringgit, a string of angry investors and a host of questions about how this could have been allowed to happen.
You could be forgiven for thinking this is Low Taek Jho, or “Jho Low”, whose alleged plundering of the Malaysian state investment fund 1MDB and links to Hollywood celebrities inspired the book ‘Billion Dollar Whale’.
But in fact this is “Jho Low 2”. Or at least that is how the Malaysian media are referring to businessman Tedy Teow Wooi Huat following the news he is wanted in connection with a 336 million ringgit (S$110 million) money-laundering scam in Macau .